HSA options
   
HSA Administrators
Interest
Interest paid on all cash balances at 2.72% (2.75% APY)
$0-$5K:
2.0%
$5K-$10K:
2.25%
$10K-$15K:
2.75%
Over $15K:
2.75%
Yes - see Wells Fargo website for current market rates
Yes - see Wells Fargo website for current market rates
$0-$1K:
0.10%
$1K-$2K:
1.24%
$2K-$5K:
1.59%
$5K-$15K:
2.30%
Over $15K:
3.25%
$0-$499:
1%
$500-$2.5K:
1.73%
$2.5K-$5K:
2.13%
$5K-15K:
3.15%
Over $15K:
4.41%
$0-$499:1.01%
$500-$999:1.46%
$1K-$2999:1.77%
$3K-$4999:2.02%
$5K-$9999:2.53%
$10K-$14,999:2.79%
$15K and over:4.08%
$0-$500:
0%
$500-$5K:
1%
$5K-$10K:
1.6%
$10K-$15K:
2.6%
Over $15K:
4%
FDIC Insured
(funds in Interest-bearing account)
NO
YES
YES
YES
YES
YES
YES
YES
Securities Investment Options
(Brokerage Account)
14 Columbia Investment Mutual Funds with an average rating of 3.9 Stars by "Morningstar"
No-Load Mutual Funds
Consumer can invest account balances over $2000 in array of Wells Fargo Mutual Funds
Consumer can invest account balances over $2000 in array of Wells Fargo Mutual Funds
Customer can invest in no-load mutual funds when account balance exceeds investment threshold of $2,000.
Investment options are available. Choose from over 7,000 mutual funds, 3,000 of which are no-load.
Investment options are available. Choose from over 7,000 mutual funds, 3,000 of which are no-load.
Any stock, bond or mutual fund
Set Up Fee
$0
$15
$0
$0
$10 online, $25 paper enrollment.
$18
$0
$15
Monthly
Maintenance Fee
$3.95
$4
(Waived with Deposit Balance of $2,500 or More)
$4.25
$3.75
$3; waived if balance is $5,000 or over
$2.25
(Waived on balances of $3,000 or more)
$2.50
(Free first 90 days; waived if balance is over $2,500 or with any direct deposit)
$2.50
Closing Fee
$0
$0
$0
$0
$2
$25
N/A
$20
Brokerage Account Fee
$0
Free Trades
$5.00 Monthly Maintenance Fee;
0.15% Quarterly Asset-Based Fee
$0
$0
$0
$0
N/A
$0
Checks
NO
Optional
(Free Online Bill Payments)
NO
NO
$10 for book of 25 checks. Online bill payment service is free.
YES
($7.95/ 50 checks)
YES
(no charge for first order)
NO
Debit Cards
YES
YES
(Up to Two Free Debit Cards)
YES
(no charge for first two cards; $10 thereafter)
YES
(no charge for first two cards; $10 thereafter)
YES.
No charge for additional cards.
YES
(no charge for first two cards)
YES
(no charge for first two cards)
YES
(no charge for first card, $5 thereafter)
Auto Reimbursement
NO
YES
(Easy Online Transfers to Other Bank Accounts)
NO
NO
YES.
Online bill pay and transfers to other bank accounts.
NO
NO
YES
(e-checks and e-deposits)
Balance Requirements
$0 to open
None to Open Account; $2,500 to Waive Deposit Account Monthly Maintenance Fee; $2,500 to Begin Investing
$100 to open
$100 to open
$0 to open account
$25 initial deposit
None
None
Statements/Reporting
Online Reporting
Monthly (Online and Optional Mailed Statements)
Year-End Tax Forms
Quarterly and
Year End
Quarterly and
Year End
Online or paper available monthly
Monthly and
Year End
Monthly and
Year End
Quarterly, Year End
and real-time access
to account status
Portable
YES
YES
YES
YES
Yes
YES
YES
YES
 
IMPORTANT NOTICES AND DISCLAIMERS
THIS HSA ADMINISTRATOR COMPARISON MATRIX IS A SUMMARY FOR INFORMATIONAL PURPOSES ONLY. THE INFORMATION IN THE MATRIX HAS BEEN PROVIDED BY THE HSA ADMINISTRATORS IDENTIFIED ABOVE. BECAUSE THIS INFORMATION CHANGES FREQUENTLY, CHECK WITH THE RELEVANT HSA ADMINISTRATOR TO CONFIRM ITS ACCURACY. YOU SHOULD ALSO REVIEW YOUR CHOSEN HSA ADMINISTRATOR'S ENROLLMENT DOCUMENTS FOR A MORE DETAILED DESCRIPTION OF CURRENT REQUIREMENTS, FEES AND INVESTMENT OPTIONS. ONLY THE TERMS AND CONDITIONS LISTED IN YOUR ENROLLMENT DOCUMENTS ARE BINDING.
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